# The Farmer's Exchange Online USDA Raises Forecasts for Milk Production, Butter, Cheese Prices

> A dairy market column reports that USDA's October WASDE raised 2022 and 2023 US milk production and marketing forecasts by about 400 million pounds each. Cow numbers and output per cow were both increased, and import and export forecasts were revised for butter, cheese and whey products.

- Date: 2022-10-21 · published 2022-10-21T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/39142-the-farmer-s-exchange-online-usda-raises-forecasts-for-milk-production-butter
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A larger US milk supply forecast is bearish for dairy product prices, though stronger export expectations for whey and butterfat partly offset this for dairy feed demand.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2026-07-17 | [The Farmer's Exchange Online USDA Ups Milk Production Estimates for 2026, 2027](https://feedsoft.ai/events/18529-the-farmer-s-exchange-online-usda-ups-milk-production-estimates-for-2026-2027.md) | +0.0% | +5.3% |
| MILK | 2022-05-14 | [USDA Ups 2022 Milk Production, Cheese & Butter Price Forecasts](https://feedsoft.ai/events/41410-usda-ups-2022-milk-production-cheese-and-butter-price-forecasts.md) | +0.5% | -2.7% |
| MILK | 2026-09-11 | [USDA Raises 2026, 2027 Milk Production Forecasts; Price Forecasts Mixed - Cheese Reporter](https://feedsoft.ai/events/17487-usda-raises-2026-2027-milk-production-forecasts-price-forecasts-mixed-cheese.md) | -0.3% | -7.3% |
| MILK | 2026-07-10 | [USDA Raises 2026, 2027 Milk Production Forecasts, Lowers Most Price Forecasts - Cheese Reporter](https://feedsoft.ai/events/18336-usda-raises-2026-2027-milk-production-forecasts-lowers-most-price-forecasts.md) | +0.4% | +6.4% |
| MILK | 2025-12-10 | [USDA Lowers 2026 Milk Production, Cheese And Butter Price Forecasts - Cheese Reporter](https://feedsoft.ai/events/21493-usda-lowers-2026-milk-production-cheese-and-butter-price-forecasts-cheese.md) | -0.8% | -6.8% |

## Sources

- farmers-exchange.net: http://www.farmers-exchange.net/detailPage.aspx?articleID=21954

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.